Friday, January 27, 2023
No 1 epaper in Sri Lanka
  • News
  • Politics
  • Sports
  • Foreign
  • Entertainment
  • Business
  • Political Analysis
  • Inside Politics
  • EPAPERPDF
  • සිංහලSINHALA
No Result
View All Result
  • News
  • Politics
  • Sports
  • Foreign
  • Entertainment
  • Business
  • Political Analysis
  • Inside Politics
  • EPAPERPDF
  • සිංහලSINHALA
No Result
View All Result
Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
No Result
View All Result
Home News

Sri Lanka given six more months to repay Bangladesh’s $200 million loan

January 13, 2023
in News
A A
Sri Lanka given six more months to repay Bangladesh’s $200 million loan

Bangladesh Bank today granted Sri Lanka six more months to repay the $200 million loan after the Island nation requested to extend the repayment period due to its prolonged economic crisis.

A senior official of the central bank, on condition of anonymity, said the board of directors of Bangladesh Bank has extended the repayment tenure.

The Island nation, which has been facing an acute greenback shortage for months, borrowed $200 million from Bangladesh in May 2021.

The country was scheduled to repay the loans by April last year, but it failed to do so.

In April last year, Sri Lanka announced defaulting on its entire $51 billion of external debt.

As per the agreement between the two countries, Sri Lanka was supposed to repay the loan by March.

But the Island nation is still facing an acute shortage of foreign exchange reserves, which has compelled it to request BB to extend the repayment period.

BB has extended the deadline at a time when its foreign exchange reserves are depleting at a faster pace.

As per the new deadline, Sri Lanka will have to repay the loan by September this year.

Bangladesh has already sought credit support from several multilateral lender agencies, including the International Monetary Fund.

The reserves of Bangladesh stood at $32.52 billion on January 11 in contrast to $44.92 billion in the same period a year ago, according to data from the central bank.

Share50Tweet32SendShare13
Previous Post

No candidates are for the bud! We receive nomination requests from them! Maithrie-Dallas-Wimal Alliance statement! (VIDEO)

Next Post

Why RW couldn’t save Rajapaksas from sanctions

MORE NEWS

The theft has spread to the temple! The Hatbodhiya Buddha statue’s Golden Urna Roman relic has been stolen!
News

The theft has spread to the temple! The Hatbodhiya Buddha statue’s Golden Urna Roman relic has been stolen!

January 27, 2023
We did not agree on uninterrupted power during the A level period – CEB
News

We did not agree on uninterrupted power during the A level period – CEB

January 27, 2023
Bankrupt Pakistan going the Sri Lanka way as mass starvation looms
News

Bankrupt Pakistan going the Sri Lanka way as mass starvation looms

January 27, 2023
France repatriates another group of illegal Sri Lankan migrants
News

France repatriates another group of illegal Sri Lankan migrants

January 27, 2023
Ceylinco Life wins World Finance ‘Best Life Insurer in Sri Lanka’ title for 9th year
News

Ceylinco Life wins World Finance ‘Best Life Insurer in Sri Lanka’ title for 9th year

January 27, 2023
Upholding the spirit of privatization essential to unlocking the true potential of RPCs
Business

Upholding the spirit of privatization essential to unlocking the true potential of RPCs

January 27, 2023
Load More
Leave Comment

Free Newsletter

Register for our weekly epaper for latest news updates.

MORE NEWS

The theft has spread to the temple! The Hatbodhiya Buddha statue’s Golden Urna Roman relic has been stolen!
News

The theft has spread to the temple! The Hatbodhiya Buddha statue’s Golden Urna Roman relic has been stolen!

January 27, 2023

The Western Province Southern Crime Division says that investigations have been...

Read more
We did not agree on uninterrupted power during the A level period – CEB

We did not agree on uninterrupted power during the A level period – CEB

January 27, 2023
Bankrupt Pakistan going the Sri Lanka way as mass starvation looms

Bankrupt Pakistan going the Sri Lanka way as mass starvation looms

January 27, 2023
France repatriates another group of illegal Sri Lankan migrants

France repatriates another group of illegal Sri Lankan migrants

January 27, 2023
Ceylinco Life wins World Finance ‘Best Life Insurer in Sri Lanka’ title for 9th year

Ceylinco Life wins World Finance ‘Best Life Insurer in Sri Lanka’ title for 9th year

January 27, 2023
Upholding the spirit of privatization essential to unlocking the true potential of RPCs

Upholding the spirit of privatization essential to unlocking the true potential of RPCs

January 27, 2023
Load More

One of the best Sri Lanka Latest News Website and Sinhala language newspaper with Sunday editions, published by Free Media Independent Networks Pvt Ltd.

Browse by Category

  • Business
  • Entertainment
  • Foreign
  • Gurudawa
  • My Serendib
  • News
  • Politics
  • Rajya Rahas
  • Sports
  • Uncategorized

Latest news

The theft has spread to the temple! The Hatbodhiya Buddha statue’s Golden Urna Roman relic has been stolen!

The theft has spread to the temple! The Hatbodhiya Buddha statue’s Golden Urna Roman relic has been stolen!

January 27, 2023
We did not agree on uninterrupted power during the A level period – CEB

We did not agree on uninterrupted power during the A level period – CEB

January 27, 2023

Free Newsletter

Register for our weekly epaper for latest news updates.

Copyright © 2019 -2021 Free Media Independent Networks Pvt Ltd, All Rights Reserved. Solution by hodama.net

No Result
View All Result
  • News
  • Politics
  • Sports
  • Foreign
  • Entertainment
  • Business
  • Political Analysis
  • Inside Politics
  • EPAPER
  • සිංහල

Copyright © 2019 -2021 Free Media Independent Networks Pvt Ltd, All Rights Reserved. Solution by hodama.net

Go to mobile version